Absorption Report

St. Cloud, FL

Absorption Report

The absorption rate is essentially the total number of months that it would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. A lower absorption rate means that the property will likely take a bit longer to sell, and conversely, a higher number indicates that the property is likely to sell much faster. Both buyers and sellers can use this data to help predict sales activity and home prices for the property in question. For example, if a homeowner lives in a market with an absorption rate of 5-months and is also anxious to sell due to a job transfer, then it might be in his or her best interest to be more aggressive in the listing price.

Seller's
Market		 Balanced
Market		 Buyer's
Market
< 5 months Inventory 5 months Inventory > 5 months Inventory

Houses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
126k-150k 2 1 0.3 0
176k-200k 1 6 1 1 1
201k-225k 1 5 1 0.8 1.2
226k-250k 3 3 0.2 6
251k-275k 6 13 3 0.4 2.8
276k-300k 11 16 2 0.2 4.1
301k-325k 10 31 3 0.5 1.9
326k-350k 19 56 12 0.5 2
351k-375k 29 92 16 0.5 1.9
376k-400k 96 156 25 0.3 3.7
401k-425k 93 135 17 0.2 4.1
426k-450k 80 118 14 0.2 4.1
451k-475k 61 77 14 0.2 4.8
476k-500k 63 54 11 0.1 7
501k-550k 84 67 12 0.1 7.5
551k-600k 75 51 6 0.1 8.8
601k-650k 38 35 2 0.2 6.5
651k-700k 33 21 3 0.1 9.4
701k-750k 17 19 1 0.2 5.4
751k-800k 14 9 1 0.1 9.3
801k-850k 11 12 2 0.2 5.5
851k-900k 5 5 0.2 6
901k-950k 3 4 0.2 4.5
951k-1m 3 1 0.1 18
1m-1.1m 1 0
1.1m-1.2m 6 2 1 0.1 18
1.2m-1.3m 1 3 0.5 2
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.5m-1.6m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 3 0
1.9m-2m 1 1 0.2 6
2m-2.25m 1 0
2.25m-2.5m 1 0
2.75m-3m 1 0
3m-3.5m 2 0
3.5m-4m 1 0
4.5m-5m 1 0

Townhouses 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
201k-225k 1 0
226k-250k 1 1 0.2 6
251k-275k 1 4 0.7 1.5
276k-300k 3 6 1 0.3 3
301k-325k 21 66 10 0.5 1.9
326k-350k 39 108 20 0.5 2.2
351k-375k 29 45 5 0.3 3.9
376k-400k 14 25 6 0.3 3.4
401k-425k 8 7 2 0.1 6.9
426k-450k 2 0.3 0

Condos 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
101k-125k 1 0.2 0
126k-150k 5 1 1 0 30
151k-175k 3 1 0.1 18
226k-250k 3 1 0.1 18
251k-275k 1 1 0.2 0
426k-450k 1 0

Land 0% of available homes are currently under contract

List Price Available # of Homes Available Sold Last 6 Months Sold in Last 6 Months Under Contract
Last 30 days Sold in Last 6 Months 		Absorption Rate Absorption Rate Months of Inventory Months of Inventory
1k-25k 36 5 1 0 43.2
26k-50k 57 8 3 0 42.8
51k-75k 11 6 1 0.1 11
76k-100k 5 8 3 0.3 3.8
101k-125k 2 4 1 0.3 3
126k-150k 14 3 0 28
151k-175k 2 2 0.2 6
176k-200k 5 1 0 30
201k-225k 7 1 0 42
226k-250k 5 2 0.1 15
251k-275k 2 0
276k-300k 7 1 0 42
301k-325k 2 1 0.1 12
326k-350k 2 2 0.2 6
351k-375k 1 0.2 0
376k-400k 2 0
401k-425k 2 1 0.1 12
426k-450k 1 0
451k-475k 1 1 0.2 6
476k-500k 1 1 0.2 6
501k-550k 3 3 0.2 6
551k-600k 3 0
601k-650k 4 0
651k-700k 1 2 0.3 3
701k-750k 1 0.2 0
751k-800k 2 0
851k-900k 2 0
901k-950k 1 0
951k-1m 1 1 0.2 6
1m-1.1m 2 0
1.2m-1.3m 3 0
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.6m-1.7m 2 0
1.7m-1.8m 2 0
1.8m-1.9m 1 0
1.9m-2m 1 0
2m-2.25m 1 0.2 0
2.25m-2.5m 1 0
2.5m-2.75m 1 0
3m-3.5m 2 0
3.5m-4m 1 0
5.01m-6m 1 0